Indonesia Curcumin Market Size & Outlook, 2020-2028

The curcumin market in Indonesia is expected to reach a projected revenue of US$ 3,354.9 thousand by 2028. A compound annual growth rate of 18.4% is expected of Indonesia curcumin market from 2021 to 2028.
Revenue, 2020 (US$K)
$867.4
Forecast, 2028 (US$K)
$3,354.9
CAGR, 2021 - 2028
18.4%
Report Coverage
Indonesia

Indonesia curcumin market highlights

  • The Indonesia curcumin market generated a revenue of USD 867.4 thousand in 2020 and is expected to reach USD 3,354.9 thousand by 2028.
  • The Indonesia market is expected to grow at a CAGR of 18.4% from 2021 to 2028.
  • In terms of segment, pharmaceutical was the largest revenue generating application in 2020.
  • Pharmaceutical is the most lucrative application segment registering the fastest growth during the forecast period.


Curcumin market data book summary

Market revenue in 2020USD 867.4 thousand
Market revenue in 2028USD 3,354.9 thousand
Growth rate18.4% (CAGR from 2020 to 2028)
Largest segmentPharmaceutical
Fastest growing segmentPharmaceutical
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD thousand
Market segmentationPharmaceutical, Food, Cosmetics
Key market players worldwideWacker Chemie AG, Synthite, Sabre Corp, BIOMAX, Hindustan Mint & Agro Products, Arjuna Natural, Star Hi Herbs, Herboveda, Konark Herbals and Health Care, Rosen Skincare


Other key industry trends

  • In terms of revenue, Indonesia accounted for 1.5% of the global curcumin market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, India curcumin market is projected to lead the regional market in terms of revenue in 2028.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,302.1 thousand by 2028.

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Curcumin Market Companies

Name Profile # Employees HQ Website

Indonesia curcumin market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to curcumin market will help companies and investors design strategic landscapes.


Pharmaceutical was the largest segment with a revenue share of 52.16% in 2020. Horizon Databook has segmented the Indonesia curcumin market based on pharmaceutical, food, cosmetics covering the revenue growth of each sub-segment from 2017 to 2028.


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Target buyers of Indonesia curcumin market databook

  • Our clientele includes a mix of curcumin market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia curcumin market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia curcumin market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Indonesia curcumin market size, by application, 2017-2028 (US$K)

Indonesia Curcumin Market Outlook Share, 2020 & 2028 (US$K)

Indonesia curcumin market size, by application, 2017-2028 (US$K)

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